Natural disasters caused an estimated $65 billion in losses last year for Asia-Pacific
The report found that floods remained the most costly threat for the fourth consecutive year, representing over 64% of total losses in 2023.
Malaysia emerges as a hotspot for semiconductor firms amid U.S.-China chip tensions
Tensions between Beijing and Washington over access to advanced chip technology has prompted many companies to open factories in Asia including Malaysia.
KKR says China’s real estate correction may only be halfway done
China’s real estate troubles are likely far from over and industry problems need to be addressed quickly for GDP growth to rise significantly, according to KKR.
Dow closes 500 points lower, its 4th straight losing session and worst day since March 2023: Live updates
The major averages have struggled to gain momentum in the first week of the second quarter.
Tesla short-seller names 2 auto stocks to own — giving them 100% upside
One of the carmakers has already delivered nearly 100% in total returns over the past two years, while Tesla has halved in value.
Thinking of investing in Tesla? One analyst gives the stock 79% upside
Some investors may be hesitant about buying Tesla right now, but Tom Narayan of RBC Capital Markets is bullish on the stock.
Despite gen AI hype, venture capitalists are still largely on the sidelines
PitchBook’s first-quarter report shows that venture activity got off to a slow start this year as investors remain cautious on early stage tech.
Apple reportedly exploring personal home robots
Apple is exploring the development of personal home robots after ditching its electric vehicle project, Bloomberg reported Wednesday.
Bitcoin holds at $65,000, and ARK’s bitcoin ETF sees $87 million in outflows: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
10-year Treasury yield retreats after touching 2024 high
The 10-year Treasury note yield was near slightly lower on Wednesday despite rising to a fresh 2024 record.
